Cork, Ireland-based Johnson Controls International plc (JCI) is a multinational conglomerate specializing in smart, healthy, and sustainable building solutions. Valued at a market cap of $68.3 billion, the company engineers, manufactures, and services high-performance systems such as HVAC (heating, ventilation, and air‑conditioning), industrial refrigeration, integrated fire detection and suppression, security systems, and building management platforms. 

Companies worth $10 billion or more are typically classified as “large-cap stocks,” and JCI fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the building products & equipment industry. The company’s core strengths lie in its deep expertise in building technologies, global presence, and digital innovation. A key differentiator is its OpenBlue digital platform, which enables real-time data analytics, predictive maintenance, and intelligent building management helping clients reduce operational costs and carbon emissions. It has a highly diversified customer base spanning healthcare, education, data centers, airports, and government buildings. 

This building products manufacturer touched its 52-week high of $103.84 in the last trading session. Moreover, JCI has rallied 28% over the past three months, considerably outpacing the SPDR S&P Homebuilders ETF’s (XHB) 6.3% downtick during the same time frame.

In the longer term, JCI has surged 49.2% over the past 52 weeks, significantly outperforming XHB’s 7.5% loss over the same time frame. Moreover, on a YTD basis, shares of JCI are up 31.5%, compared to XHB’s 9% decline. 

To confirm its bullish trend, JCI has been trading above its 200-day moving average over the past year, with minor fluctuations, and has remained above its 50-day moving average since late April. 

On May 7, shares of JCI soared 1.1% after its Q2 earnings release. The company reported revenue of $5.7 billion, a 1.4% increase from the year-ago quarter, driven by strong building solutions sales across all regions, although partially offset by a decline in global products revenue. Moreover, strong growth in its adjusted segment EBITA margin led to an 18.8% year-over-year rise in its adjusted EPS to $0.82, which came in 3.8% above the consensus estimates. The company also reported robust organic sales growth and a record backlog for the quarter. Adding to the uptick, JCI raised its fiscal 2025 adjusted EPS guidance to $3.60 at the midpoint, and reaffirmed its expectation of mid-single-digit organic sales growth.

JCI’s outperformance looks pronounced when compared to its rival, Carrier Global Corporation (CARR), which gained 13.7% over the past 52 weeks and 4.1% on a YTD basis.

Given JCI’s recent outperformance, analysts remain moderately optimistic about its prospects. The stock has a consensus rating of "Moderate Buy” from the 20 analysts covering it. While the company is trading above its mean price target of $103.25, its Street-high price target of $130 suggests an upside potential of 25.3%.